Form 4: AppLovin Corp's Chief Technology Officer, Vasily Shikin, Executes Stock Sales Under 10b5-1 Plan

Vasily Shikin, Chief Technology Officer of AppLovin Corp, reports multiple sales of Class A Common Stock on March 10, 2025, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 10, 2025, Vasily Shikin, the Chief Technology Officer of AppLovin Corp, sold shares of Class A Common Stock.
• The sales were executed in multiple trades at varying prices throughout the day.
• These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2024.
• The weighted average sale prices for the transactions ranged from $235.49 to $254.76.
• The sales resulted in a decrease in the number of shares directly held by Shikin, while the indirectly held shares also fluctuated due to the sales.
• Some shares are held by IS37 Holdings Trust, for which Shikin's spouse serves as trustee, and ES48 Holdings Trust for the benefit of Shikin's immediate family members.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive, executed under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among executives of publicly traded companies. The sales were conducted under a pre-arranged trading plan, which is a common practice to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market.
• The sales do not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates